​Portuguese Golden Visa Program

Portugal

Schengen & EU Countries

Residence Permit for Investment Activity for Non-European Citizens

Benefits

1. Free circulation within Schengen Area and

EU countries

Within this program, a citizen outside the European Union and the Schengen Area, who makes an investment activity in Portugal (an EU member) and obtains a Resident Permit in Portugal, has the right of family regrouping and may gain access to Portuguese Citizenship, in accordance with the current legal provisions. People benefiting from this

Residence Permit can circulate freely within the Schengen Area, according to Schengen rules and can also circulate in

the European Countries that did not sign the Schengen Agreement.2. Investment ReturnMore than ever, buying a property is still the best and safe investment worldwide. Long, medium or short term investments lead to capital gains in real estate, especially if

a prime location like Lisbon or Algarve is chosen.

3. Safe Haven Investment

As a EU member, Portugal remains a safe haven for investments with fair ownership laws, a stable currency, a democratically elected government and clear taxation rules.

4. Living in Portugal

You have the option to live or work in Portugal with your family all year round or part of the year.

Non-EU citizens and citizens from outside Schengen Area involved in an investment activity, such as the acquisition of real estate

with a value equal to or above 500 thousand Euros, can apply for a:

Temporary Resident Permit during a minimum of 5 years.

After that period, along with other Portuguese Laws, can also apply for a:

Permanent Resident Permit on the 6th year after the investment

Portuguese Nationality (EU citizenship) on the 7th year after the investment

The Temporary Resident Permit is valid for 1 year, renewable by two-year period, for a minimum of 5 years.

The “Family Regrouping” regime allows for the close relatives to obtain a residence permit with the same benefits of the investor

without the need for additional investment. The family members will also be eligible for Permanent Residency after 5 years and

Portuguese Citizenship after 6 years.

The Portuguese Nationality is acquired after passing a basic Portuguese language test and demonstrating that the investor is interested

in the Portuguese culture and integrated into the social life.

Documents

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Passport or another valid travel document;

Proof of legal entry and permanence in Portuguese territory;

Evidence of having the ownership of real estate property: Public deed or promissory purchase agreement of the property, equal or superior to a value of 500 thousand Euros;

Statement issued by a Portuguese Bank confirming the transfer of capital from a foreign account of the investor to his Portuguese account;

Proof of health insurance;

Appoint a fiscal representative in Portugal;

Signed authorization enabling consultation of the Portuguese Criminal Record by Portuguese Foreigners and Border Police Services (SEF);

Criminal Record Certificate from the relevant authority of the applicant’s home country or from any other country where the investor resided for over a year;

Declarations proving the absence of debts issued by the Portuguese Tax Authorities and by the Portuguese Social Security Services.

Bona fide declaration to perform an investment activity for a minimum period of five years, signed by the applicant.

Minimum Stay Required in Portugal

The applicant may have to prove having stayed in Portugal for the minimum required period (7 days in the first year and 14 days for

every two years thereof, either in one or multiple stays);

Other Requirements under General Law

Applicants must not have been convicted of a crime punishable by deprivation of liberty exceeding one year

Applicants must not be subject to an entry ban in national territory following a removal order from the country

Applicants must not be subject of alerts in the Schengen Information System

Applicants must not be subject of alerts in Portuguese Foreigners and Border Police Services - SEF’s Information Integrated System issued for purposes of non-admission​

The information provided herewith does not preclude consultation of Portuguese legislation:

Act n. 29/2012, of the 9th August;

Order 11820-A/2012 of the Ministry of Foreign Affairs and of the Ministry of Internal Affairs, of the 4th September 2012;

Order 1661-A/2013 of the Ministry of Foreign Affairs and of the Ministry of Internal Affairs, of the 28th January 2013

Ordinance on setting the administrative fees n. 305 – A/2012, of the 4th October 2012.